Can anyone tell me if this palm is dead or still growing please ?

I’m a novice with plants inherited this when I moved in is it dead as the finds died and left with the growth at the bottom

 

A Cordyline, not a palm; yes, the top is dead (so can be cut our broken out if you want to), but it has resprouted from the base, so it will regain its earlier size eventually.

The most likely cause of the dead top is a cold winter a few years back, it isn't too cold-hardy so gets cut to the ground every time there's a bad winter.

 

Ok thank you so much for your help how far down should I cut the trunk ?

 

Saw it off just above the level where the replacement sprouts start.

https://www.rhs.org.uk/plants/4361/cordyline-australis/details

 

Thank you and just one more thing the bark is coming of quite a lot it will it renew come back ?

 

There are no replacement sprouts above that, are there? That's the part everyone agreed is dead. The reply said to cut that off just above where the replacement sprouts start.